Former Rangers chief executive Charles Green has told BBC Sport hes close to raising up to £10m to invest in the Scottish Championship club. Green left the Ibrox club last year following allegations about business dealings with former owner Craig Whyte. Now Green claims he has investors ready to stabilise the club financially. One of the interested parties is Soros Fund Management and it is believed the US-based group have held talks with a senior Rangers official. One fans group has already made its opposition clear to any involvement from Green. The Union of Fans say they would call for a complete boycott if any fresh interest from Green was followed up. The news comes after the announcement earlier this week that Rangers are looking to raise £4m through a new share issue. That notice came after Rangers were unsuccessful in raising £10m from city investors. A Green-led consortium bought Rangers assets in 2012 - the same year the club was placed in the lowest tier of the Scottish league set-up following financial problems - and he held the post of chief executive until April 2013. He returned briefly as a consultant and indicated in June that he was launching a new bid to take control of Rangers Thoughts on this?
Posted on: Fri, 08 Aug 2014 18:15:02 +0000
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